NOTE to parents, teachers, and educators of every kind: Use this definition as a simple, kid-friendly teaching tool. Click this link to view the full index of current money terms and definitions, and learn how to use the Sammy Rabbit dictionary to support teaching and learning.
Word and Category
Word: Balance
Related Definition: Account
Category: Tracking Word
What this category means: Tracking words help children understand how to watch, count, and keep track of their money. These words show that knowing “how much” is an important part of making smart money choices.
Definitions
In Simple Words
A balance is how much money you have right now.
Your balance shows what is left in your account.
A Little More Grown-Up
A balance is the total amount of money in an account at a specific time. When you deposit money, your balance goes up. When you spend or withdraw money, your balance goes down.
Context Clues
Note: You can find the word “balance” in Sammy Rabbit stories and activities when kids check how much money they have saved or track progress toward a goal.
Sammy Says Sentences
Sammy Says: “Check your account and statement balance so you know where your money stands!”
Silly Sentence
My balance waved at me and said, “You’ve got enough to save today!”
Serious Sentence
Your balance tells you how much money is in your account.
Rhyming Sentences
Silly Rhyming Sentence:
I checked my balance, did a dance—my money knew just how to prance!
Serious Rhyming Sentence:
When I know my balance, I can choose how to save or spend.
Money Habit Sentences and Connection
Money Habit Sentences:
Saving money is a good habit that helps you build an asset for the future. Taking care of an asset, like your savings, starts with a smart money habit.
Share with kids:
Checking your balance helps you know how much money you have, and doing it often is a smart habit. Keeping a healthy balance by saving and spending wisely is a great money habit.
Examples of Using a Balance
Checking how much money is in your account
Seeing if you have enough money for a goal
Watching your balance grow as you deposit money
Examples of What Is Not a Balance
A toy or object
Money you plan to earn later
A wish or idea
Related Money Words
Account • Deposit • Save • Spend • Track
Opposite Money Words
Guess • Ignore
Questions for Kids
Ask your child or student: “Why is it helpful to know your balance before spending?”
Remember
When you know your balance, you can make smarter money choices.
Get the Entire Dictionary in One PDF
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Related Standards Aligned Lesson Plans
Coming soon
Keep Kids and Families Learning
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Parents, teachers, and community leaders are invited to explore the resources and teaching tips available on SammyRabbit.com, starting with award-winning financial educator Sam X Renick’s article series, Money Lessons Parents Should Teach Kids!
Schools, community organizations, employers, and partners can learn more about Sammy's Dream Big Financial Education curriculum, a flexible, standards-aligned approach designed to help children build strong money habits, confidence, and lifelong skills.
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